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IFC and CRDB Bank commit to support SME and agribusiness sectors in Tanzania

Dr. Charles Stephen Kimei, Managing Director of CRDB Bank Group, speaks during a landmark $75 million loan agreement signing ceremony with the International Finance Corporation (IFC) aimed at providing support to small businesses, particularly those owned by women, as well as to farmers and agribusiness in Tanzania held at the IFC headquarters in Washington DC on Friday April 11, 2014 in the sidelines of  the World Bank-IMF Spring Meeting. The IFC, a member of the World Bank Group, on...

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Habari Zinazoendana

11 years ago

GPL

IFC AND CRDB BANK SIGN LANDMARK $75 MILLION LOAN AGREEMENT, COMMIT TO SUPPORT SME AND AGRIBUSINESS SECTORS IN TANZANIA

   Mr Sunday Shomari of VOA's Swahili Service (left) chats with senior officials from the Treasury before the signing ceremony of  a landmark $75 million loan agreement signing ceremony with the International Finance Corporation (IFC) aimed at providing support to small businesses, particularly those owned by women, as well as to farmers and agribusiness in Tanzania held at the IFC headquarters in Washington DC on...

 

11 years ago

Michuzi

NIC Bank Tanzania receives TZs 8.5Billion capital boost:Funds to support the Bank’s lending capacity targeted at Corporate and SME market

NIC Bank Tanzania will benefit from Tzs 8.5 Billion of additional capital from the Bank’s shareholders. The funds will be disseminated in two tranches of Tzs 5.8B with the injection of additional capital from NIC Bank Kenya already done in December 2013, with the Tzs 2.7B balance from the other local shareholders of NIC Bank Tanzania expected within a period of 6 months but no later than June 2014.


“A growing financial need in this market has required that NIC Bank Tanzania further grow...

 

11 years ago

Michuzi

Video and audio : IFC - CRDB Bank Signing Ceremony Program Washington DC

Dr. Charles Stephen Kimei, Managing Director of CRDB Bank Group (second left), and Mr. Jean Philippe Prosper, IFC Vice President for Sub-Saharan Africa, signing the landmark $75 million loan agreement at the IFC headquarters in Washington DC on Friday April 11, 2014 witnessed by the Chairman of the board of Directors Mr Martin J. Mmari (left) and IFC's Principal Operations Officer, Ms. Wendy Teleki (second right), and the Head of Blended Finance Ms. Kruskaia Sierra Escalante.

 

11 years ago

GPL

VIDEO AND AUDIO: IFC - CRDB BANK SIGNING CEREMONY PROGRAM WASHINGTON DC‏

Dr. Charles Stephen Kimei, Managing Director of CRDB Bank Group (second left), and Mr. Jean Philippe Prosper, IFC Vice President for Sub-Saharan Africa, signing the landmark $75 million loan agreement at the IFC headquarters in Washington DC on Friday April 11, 2014 witnessed by the Chairman of the board of Directors Mr Martin J. Mmari (left) and IFC's Principal Operations Officer, Ms. Wendy Teleki (second right), and the Head...

 

11 years ago

Michuzi

Finance Minister speaks during the signing ceremony of CRDB Bank's landmark $75 million loan agreement signing ceremony with the (IFC)

Finance Minister Hon. Saada Mkuya Salum speaks during the signing ceremony of CRDB Bank's  landmark $75 million loan agreement signing ceremony with the International Finance Corporation (IFC) aimed at providing support to small businesses, particularly those owned by women, as well as to farmers and agribusiness in Tanzania held at the IFC headquarters in Washington DC on Friday April 11, 2014 in the sidelines of the World Bank-IMF Spring Meeting.

 

10 years ago

Michuzi

Ecobank, first bank to support Malaria prevention in Tanzania

Ecobank the pan-African bank celebrated its 27th year of operating in Africa through the annual celebrations, Ecobank Day held on the 8th November 2014. The celebrations, commemorated through Corporate Social Responsibility initiatives, this year focused on the theme Malaria, Dengue and Ebola: Prevention is Better than Cure. Ecobank Tanzania commemorated this anniversary in the Bonde la Mpunga area of Masasani ward, Dar es Salaam at an event graced by the Msasani ward Councilor Hon....

 

10 years ago

Michuzi

11 years ago

Michuzi

11 years ago

TheCitizen

CRDB Bank targets cooperatives with loans

>CRDB Bank plans to start offering loans to Savings and Credit Cooperatives (Saccos) in the country in a bid to increase financial inclusion by reaching more people in the country.

 

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